MFA Financial: Upcoming Income Growth Opportunity In Floating Series C Shares
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MFA Financial's Series C preferred shares are recommended for their attractive floating yields starting in April 2024. The company's net interest income has increased by $22 million year-to-date, supported by diversified holdings in agency-backed securities.
December 23, 2024 | 8:00 am
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MFA Financial's Series C preferred shares are recommended due to attractive floating yields starting in April 2024. The company's net interest income has increased by $22 million year-to-date, supported by diversified holdings in agency-backed securities.
The recommendation of MFA Financial's Series C preferred shares due to their attractive floating yields is likely to positively impact the stock price. The increase in net interest income by $22 million year-to-date and the diversification into agency-backed securities further supports a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100